After hours developements with Natural Resource Partners picking up some large coal assets. Stock closed down today but it should be a mover tomorrow. Kinder Morgan Partners (KMP) sees accellerating growth and a 6% distribution increase for next year. KMP closed flat on the day and there are no after hours trades so far. Hiland will be developing midstream assets for Woodford in 2007. Stock closed flat on the day.

MLPs as measured by the index pulled back near the close but there were some nice moves today. Linn Energy was today's big winner up a buck and a half to 31.65 on its deal announced last night. Its priced to yield 6.5% right now and 7.2% based on its new pre-announced Q1 distribution of 2.28 annual. So its only slightly undervalued imho right here...and about 15-20% under valued for 2007 Q1 distributions. Any weakness here should continued to be used to back up the mack truck...imho of course!

Energy Transfer Equity busted out of a tight range in the last 30 minutes and finished at a new 52 week high. Should be moving to 31-32 shortly as distribution announcement should come out any time now.

Crosstex (XTXI) splits 3-1 tomorrow. Might be some sellers at the open with this one. If they take it down hard i may pick some up.